Funding you earn now, next payment 04:00 UTC−0.0563%/8h= −61.6% APRnext payment −$2.81 per $10,000 · paid last 24h +0.034%
Price spread now: Aster against BingX+0.124%7-day average +0.094% · you sell dearer than you buy
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$28as in the Price arb table
costs, in and out, $10k−$300.304% of the position
Funding, last 5 days (all we have)+0.163%+$16 on $10k
+Price spread, last 7 days+0.053%+$5 · spread now +0.124%, 7d avg +0.094%
=Together, before fees+0.216%+ Points / potential airdropAster: Stage 5 · farm board+$22 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Aster is 0.029% dearer against BingX than usual: you sell high and buy low (spread +0.124% now, against its 7-day average of +0.094%): +$3 on $10k if it goes back. Holding the pair costs −$17 a day in funding at the current rate, which eats that in about 4 hours. Mind the row above: over the last 5 days funding on this pair paid +0.163%, so the current rate has only just turned against you.
The current funding rate is far above what this pair has been paying: over the last 5 days it paid 0.163% in total (about 11.0% a year). A funding rate is set anew for every payment; at this rate the next one is about −$2.81 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX TAO-USDT | 309.01 | 0.0740 | pay 0.0370% / 4h | 2h 46m | — | $31.0M | — |
| Short | Aster TAOUSDT | 309.39 | 0.0177 | get 0.0089% / 4h | 2h 46m | $1.3M | $9.1M | 50x |
BingX TAO-USDT
Aster TAOUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Aster against BingX. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$118.15
- Price spread: +0.124% → +0.094%
- $2.91
- Slippage, 4 orders
- −$12.41
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee Aster: 4 bp × 2 orders
- −$8
- Net
- −$145.65
- Costs to cover
- 0.304%
- Break-even
- never at this rate
Slippage from BingX: live order book, 7 min ago; Aster: live order book, 2 min ago.
Cost to enter
taker fee + slippage from the mid, one side; closing costs about the same again| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy BingX live order book, 7 min ago | 0.80 bp | 5.8 bp −$6 | 6.9 bp −$69 | 24.5 bp −$2,446 | 57.3 bp −$28.6K |
| Sell Aster live order book, 2 min ago | 2.10 bp | 7.3 bp −$7 | 14.6 bp −$146 | 185.6 bp −$18.6K | doesn't fit |
TAO on 43 venues
lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| dYdX TAO-USD | 0.0000% | 1h | 308.79 | −0.071% | $123K | $87K | 5x | as long as short |
| gTrade (Gains Network) TAO/USD | L +0.0004% / S −0.0002% | 1h | 309.09 | +0.027% | $12K | — | 150x | as long as short |
| Popdex TAOUSDT | +0.0096% | 1h | 309.64 | +0.204% | $47K | $618K | 20x | as long as short |
| Binance TAOUSDT | +0.0100% | 4h | 308.96 | −0.016% | $88.7M | $457.8M | 75x | as long as short |
| OKX TAO-USDT-SWAP | +0.0100% | 8h | 309.00 | −0.003% | $25.2M | $108.0M | 50x | as long as short |
| Gate TAO_USDT | +0.0100% | 4h | 309.40 | +0.126% | $12.6M | $49.5M | 50x | as long as short |
| MEXC TAO_USDT | +0.0100% | 4h | 308.94 | −0.023% | $100.7M | $136.6M | 300x | as long as short |
| KuCoin TAOUSDTM | +0.0100% | 4h | 309.24 | +0.074% | $18.0M | $30.1M | 75x | as long as short |
| Bitget TAOUSDT | +0.0100% | 4h | 308.63 | −0.123% | $34.4M | $52.3M | 50x | as long as short |
| edgeX TAOUSDC | +0.0100% | 4h | 311.23 | +0.719% | $34K | $299K | 10x | as long as short |
dYdX TAO-USD
gTrade (Gains Network) TAO/USD
Popdex TAOUSDT
Binance TAOUSDT
OKX TAO-USDT-SWAP
Gate TAO_USDT
MEXC TAO_USDT
KuCoin TAOUSDTM
Bitget TAOUSDT
edgeX TAOUSDCShow all 43 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| GRVT TAO_USDT_Perp | +0.0100% | 4h | 311.49 | +0.801% | $519K | $964K | 10x | as long as short |
| Orderly PERP_TAO_USDC | +0.0100% | 4h | 309.35 | +0.110% | $56K | $318K | 10x | as long as short |
| SunX TAO-USDT | +0.0100% | 4h | 309.24 | +0.074% | $1K | $1.9M | 20x | as long as short |
| HTX TAO-USDT | +0.0100% | 4h | 309.06 | +0.016% | $126K | $471K | 20x | as long as short |
| Aevo TAO-PERP | +0.0104% | 1h | 309.77 | +0.244% | $170K | $998 | 3x | as long as short |
| Katana Perps TAO-USD | +0.0119% | 8h | 309.72 | +0.230% | $634 | $673K | 5x | as long as short |
| GMX TAO/USD [WBTC.b-USDC] | L +0.0170% / S +0.0092% | 1h | 309.12 | +0.034% | $427K | — | 100x | as long as short |
| Kraken Futures PF_TAOUSD | +0.0171% | 1h | 309.30 | +0.092% | $5.5M | $20.3M | 50x | as long as short |
| Aster TAOUSDTshort | +0.0177% | 4h | 309.39 | +0.124% | $1.3M | $9.1M | 50x | |
| Bullet TAO-USD | +0.0223% | 1h | 309.64 | +0.204% | $12K | $17K | 20x | as long as short |
| Paradex TAO-USD-PERP | +0.0265% | 8h | 309.11 | +0.034% | $14K | $1K | 10x | as long as short |
| Deribit TAO_USDC-PERPETUAL | +0.0282% | 1h | 309.23 | +0.071% | $15K | $1.5M | 25x | as long as short |
| Pacifica TAO | +0.0285% | 1h | 309.14 | +0.042% | $365K | $378K | 10x | as long as short |
| ApeX Omni TAOUSDT | +0.0290% | 1h | 310.96 | +0.631% | $47K | $268K | 50x | as long as short |
| Polymarket Perps TAO-USD | +0.0299% | 1h | 309.58 | +0.184% | $78K | $682K | 5x | as long as short |
| Arcus TAO-USD | +0.0337% | 1h | 309.18 | +0.055% | $82K | $551K | 5x | as long as short |
| BloFin TAO-USDT | +0.0340% | 4h | 311.16 | +0.696% | $4.4M | $10.7M | 100x | as long as short |
| Injective TAO/USDC PERP | +0.0470% | 1h | 315.63 | +2.142% | $23K | $2K | 12x | as long as short |
| Nado TAO-PERP | +0.0561% | 1h | 309.58 | +0.184% | $760K | $2.1M | 10x | as long as short |
| Phemex TAOUSDT | +0.0585% | 4h | 309.32 | +0.100% | $3.3M | $7.9M | 50x | as long as short |
| Phoenix TAO | +0.0588% | 1h | 311.70 | +0.871% | $326K | $681K | 5x | as long as short |
| 01 Exchange TAOUSD | +0.0680% | 1h | 310.02 | +0.327% | $3K | $4K | 5x | as long as short |
| Variational Omni TAO | +0.0682% | 4h | 311.59 | +0.834% | $5.4M | $8.8M | — | as long as short |
| Reya TAORUSDPERP | +0.0696% | 1h | 309.52 | +0.166% | $356 | — | 20x | as long as short |
| BingX TAO-USDTlong | +0.0740% | 4h | 309.01 | long leg | — | $31.0M | — | |
| Bybit TAOUSDT | +0.0790% | 4h | 309.06 | +0.016% | $63.1M | $135.2M | 50x | as long as short |
| Backpack TAO_USDC_PERP | +0.0875% | 1h | 309.41 | +0.129% | $313K | $816K | 10x | as long as short |
| Extended TAO-USD | +0.0984% | 1h | 308.77 | −0.078% | $890K | $2.4M | 25x | as long as short |
| Coinbase International TAO-PERP-INTX | +0.1024% | 1h | 310.00 | +0.320% | $1.5M | $6.4M | 50x | as long as short |
| RISEx TAO/USDC | +0.1132% | 1h | 308.96 | −0.016% | $410K | $605K | 5x | as long as short |
| Hyperliquid TAO | +0.1305% | 1h | 309.88 | +0.282% | $98.4M | $92.7M | 5x | as long as short |
| Lighter TAO | +0.1432% | 1h | 309.34 | +0.106% | $1.6M | $6.0M | 5x | as long as short |
| Bulk TAO-USD | +0.3743% | 1h | 312.40 | +1.097% | $166K | $40K | 10x | as long as short |
GRVT TAO_USDT_Perp
Orderly PERP_TAO_USDC
SunX TAO-USDT
HTX TAO-USDT
Aevo TAO-PERP
Katana Perps TAO-USD
GMX TAO/USD [WBTC.b-USDC]
Kraken Futures PF_TAOUSD
Bullet TAO-USD
Paradex TAO-USD-PERP
Deribit TAO_USDC-PERPETUAL
Pacifica TAO
ApeX Omni TAOUSDT
Polymarket Perps TAO-USD
Arcus TAO-USD
BloFin TAO-USDT
Injective TAO/USDC PERP
Nado TAO-PERP
Phemex TAOUSDT
Phoenix TAO
01 Exchange TAOUSD
Variational Omni TAO
Reya TAORUSDPERP
Bybit TAOUSDT
Backpack TAO_USDC_PERP
Extended TAO-USD
Coinbase International TAO-PERP-INTX
RISEx TAO/USDC
Hyperliquid TAO
Lighter TAO
Bulk TAO-USD